Aviation Stocks Soar: IndiGo Jumps 6% as Partial Jet Fuel Hike Boosts Sector

• Aviation stocks closed higher, with InterGlobe Aviation (IndiGo's parent) climbing 6% after a partial increase in jet fuel prices.
• InterGlobe Aviation surged 9.84% during the day, settling at 4,180.90 rupees, up 6.01%.
• SpiceJet also saw gains, ending up 1.95% at 9.93 rupees.
• The rally was supported by a broader equity market surge, with Sensex up 1.65% and Nifty up 1.56%.
• Domestic airline jet fuel prices increased by 8.5% instead of a much larger hike, providing significant relief to the industry.